Longshoreman's Union VP Has a Message About Trump That Will Likely Sicken Dems

[Billiejeens]

Clinton did.

It's why he was the last guy to give us a balanced budget.

Fantasy.

 

[Cellblock2429]

Clinton did.

It's why he was the last guy to give us a balanced budget.

/——/ No. Clinton refinanced the debt at a lower interest rate. And there was no balanced budget.

 

[Billiejeens]

/——/ No. Clinton refinanced the debt at a lower interest rate. And there was no balanced budget.

Not sure that the rate was lower, but it did move it off his books.

Felonious book keeping now that I think about it.

 

[JoeB131]

/——/ No. Clinton refinanced the debt at a lower interest rate. And there was no balanced budget.

Sure there was. Clinton posted surpluses his last two years.

Then Dubya came along, gave tax cuts to the rich, put a war on a credit card, and here we are.

 

[Billiejeens]

Sure there was. Clinton posted surpluses his last two years.

Then Dubya came along, gave tax cuts to the rich, put a war on a credit card, and here we are.

That's false -

It was just a stupid magic trick to fool the stupid people.

 

[Cellblock2429]

That's false -

It was just a stupid magic trick to fool the stupid people.

/—-/ One thing Slick Willie did right was to refinance the debt at a lower rate. I distinctly recall him doing that, but I can find a source that backs me up. It’s been 30 years.

 

[JoeB131]

That's false -

It was just a stupid magic trick to fool the stupid people.

Hardly.

Okay, TECHNICALLY, surpluses in Social Security exceeded deficits in general fund. But the point is, the government was taking in more money than it was putting out. And at the time, the Federal debt was only 5.6 Trillion. This was a manageable number.

By the time Dubya left the White House, the debt had increased to 10 Trillion. When Trump left, it was up to 29 Trillion.

 

[Billiejeens]

Even as the Clinton administration took a victory lap with the projected surplus, then-Federal Reserve Chairman Alan Greenspan was reminding people that the Social Security Administration was sitting on approximately $10 trillion in unfunded promises. A study by Howell Jackson, a Harvard professor, had shown that if the program were administered using the same accounting methods required by private pension plans, Social Security was actually running a $500 billion deficit each year.

Why were Greenspan’s and Jackson’s alarming statements so different from Clinton’s rosy picture? It all comes down to what programs you include in the count. The federal government was using — and still uses — a very sophisticated method of accounting that I like to call “political math.”

Excluding Social Security obligations from the national debt allowed the White House to claim a surplus while the government’s financial obligations were actually increasing

In the federal government’s case, vast sums promised and owed for future Social Security and Medicare recipients are kept off the balance sheet. Taxpayers believe the money taken out of their paychecks is being held in trust, though that's not the case. Clinton was able to claim surpluses, because the Treasury Department was recording this money as revenue.

 

[JoeB131]

/—-/ One thing Slick Willie did right was to refinance the debt at a lower rate. I distinctly recall him doing that, but I can find a source that backs me up. It’s been 30 years.

He did that.

He also raised taxes on the rich.
He also went along with Republican efforts to trim the budget.
and a booming economy helped.

Not to worry.

When Bush came in, he gave tax breaks to the rich, put a war on a credit card, and completely trashed the economy.

 

[Jarlaxle]

Expanding SCOTUS was always a non-starter. A smarter move would be to impose term limits that would get rid of Thomas, Alito, and Roberts and replace them with sensible people.

Get right on that amendment, Joey.

 

[AzogtheDefiler]

So, um, he's stupid?

Trump's appointees to the NRLB have consistently ruled against Union interests.

His second round is going to be much worse.

Hoping the Cannibals eat you last is never a good strategy.

Bro, you calling someone stupid is like Chris Christie calling someone fat.

 

[AzogtheDefiler]

He did that.

He also raised taxes on the rich.
He also went along with Republican efforts to trim the budget.
and a booming economy helped.

Not to worry.

When Bush came in, he gave tax breaks to the rich, put a war on a credit card, and completely trashed the economy.

Here it is again. JoeB hating the “rich” because he is 63 and has 2 cents to his name

 

[JoeB131]

Bro, you calling someone stupid is like Chris Christie calling someone fat.

I see you still have nothing to add to a conversation.

Here it is again. JoeB hating the “rich” because he is 63 and has 2 cents to his name

Hmmm... Checked my bank account. Lots of money i there.
Checked the value of my real estate holdings. Pretty good. Of course I an only get an estimate on the vacation property in WI because it has never been on the market.

My 401K is still looking good despite recent market setbacks now that the markets realize that Trump is going to fuck things up again.

Not that you have the intelligence to discuss why Voodoo Economics never works.

 

[AzogtheDefiler]

I see you still have nothing to add to a conversation.



Hmmm... Checked my bank account. Lots of money i there.
Checked the value of my real estate holdings. Pretty good. Of course I an only get an estimate on the vacation property in WI because it has never been on the market.

My 401K is still looking good despite recent market setbacks now that the markets realize that Trump is going to fuck things up again.

Not that you have the intelligence to discuss why Voodoo Economics never works.

Example of “fuck things up”

If you truly believed that and you don’t, you would sell your stock and invest in bonds. Is that what you believe or are you just talking your usual nonsense?

 

[JoeB131]

Example of “fuck things up”

Oh, let a plague kill a million people, run unemployment up to 15%, let riots run in the streets... shit like that.

Of course, he'll find new ways to fuck things up, like inflation causing tariffs, mass deportation that will wreck the agricultural sector, stuff like that.

It's not a bug, it's a design feature.

If you truly believed that and you don’t, you would sell your stock and invest in bonds. Is that what you believe or are you just talking your usual nonsense?

Stocks are only a fraction my portfolio. Most of my wealth is invested in real estate.

 

[AzogtheDefiler]

Oh, let a plague kill a million people, run unemployment up to 15%, let riots run in the streets... shit like that.

Of course, he'll find new ways to fuck things up, like inflation causing tariffs, mass deportation that will wreck the agricultural sector, stuff like that.

It's not a bug, it's a design feature.



Stocks are only a fraction my portfolio. Most of my wealth is invested in real estate.

You’re still insane and a liar. You just said your wealth would be at risk because of Trump and how he would fuck up the market and now you say you don’t invest in the market. He didn’t kill 15mil he didn’t cause 15% unemployment. I told you that your lies will no longer fly on this board. You’re getting called out each and every time.

 

[JoeB131]

You’re still insane and a liar. You just said your wealth would be at risk because of Trump and how he would fuck up the market and now you say you don’t invest in the market.

I don't invest a lot in the market. He could still screw up real estate values, devalue the dollar to make my savings worthless, or do a whole assortment of other things that would make my life difficult.

Because the man's a master of fucking things up. He can turn gold into shit and still convince stupid people like you that it's gold.

He didn’t kill 15mil he didn’t cause 15% unemployment.

No, he killed 1 million and caused 15% unemployment. Because he was fucking incompetent.

I told you that your lies will no longer fly on this board. You’re getting called out each and every time.

Go whine somewhere else.

 

[AzogtheDefiler]

I don't invest a lot in the market. He could still screw up real estate values, devalue the dollar to make my savings worthless, or do a whole assortment of other things that would make my life difficult.

Because the man's a master of fucking things up. He can turn gold into shit and still convince stupid people like you that it's gold.



No, he killed 1 million and caused 15% unemployment. Because he was fucking incompetent.


Go whine somewhere else.

So then you ll be selling your RE holdings, correct? He didn’t cause anything, China did and our dishonest media covered for them. WSJ explicitly wrote how Biden was incompetent. Trump won the EC and the popular vote for a reason.

Your lies will no longer fly on this board. You have been exposed. Also, you tattled on me. Zero repercussions. Do it again. IDC.

You’re mine, Joey.

 

[Billiejeens]

I don't invest a lot in the market. He could still screw up real estate values, devalue the dollar to make my savings worthless, or do a whole assortment of other things that would make my life difficult.

Because the man's a master of fucking things up. He can turn gold into shit and still convince stupid people like you that it's gold.



No, he killed 1 million and caused 15% unemployment. Because he was fucking incompetent.


Go whine somewhere else.

Your trolling is getting worse.

 

[JoeB131]

So then you ll be selling your RE holdings, correct? He didn’t cause anything, China did and our dishonest media covered for them. WSJ explicitly wrote how Biden was incompetent. Trump won the EC and the popular vote for a reason.

Trump fucked up the Covid Response. Schools of government will be teaching his response in future under "DON'T DO THAT!!!"

Your lies will no longer fly on this board. You have been exposed. Also, you tattled on me. Zero repercussions. Do it again. IDC.

You’re mine, Joey.

I think you invest too much in this relationship. You are barely an interesting bug...